Boparan offer details revealed

BOPARAN Holdings has announced its €402 million offer document for the purchase of Northern Foods was posted to the group’s shareholders yesterday.

On January 21 both sides announced an agreement had been reached on the all-cash offer in favour of the agreed merger it has reached with the Irish registered group, Greencore, in mid-November 2010.

The offer will remain open for acceptance until 1pm on March 2, 2011.